What is Insurtech?
Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model. Insurtech is a combination of words “insurance” and “technology,” inspired by the term fintech.
Source is Investopedia.com.
InsurTech Express focuses on insurance technology for Life Insurance, Annuities, and related lines of business such as Long Term Care Insurance. The objective is to be a technology and process improvement resource for the industry to benefit carriers, distributors, and solution providers.
InsurTech Express Blockchain Lowers Commission Costs
InsurTech Express blockchain design to lower insurance commission costs. InsurTech Express is rethinking the way life and annuity providers handle the complex challenge of commissions—leveraging technology to solve long term industry issues while enabling participants to focus on growth and serving customers. Enables Trust, Accuracy and Simplicity!
Watch the video or read the complete White Paper Available FREE: InsurTech Express Blockchain for Life & Annuity Commissions PATENT PENDING
Prudential to buy Seattle-area insurance tech startup Assurance for $2.35B
Prudential Financial agreed to acquire Seattle-area startup Assurance IQ for $2.35 billion, the companies announced Thursday, September 5th. The acquisition will fold a tech-focused insurance seller into the financial services giant, allowing Prudential to reach more customers online.
Based in Bellevue, Wash., Assurance sells a variety of insurance policies over the internet. Beyond the upfront $2.35 billion, Prudential agreed to pay an additional $1.15 billion in cash and equity if Assurance meets certain growth objectives. READ MORE AT GEEKWIRE
InsurTech Express is now a Member of the LexisNexis Insurance Alliance Program
We are happy to announce that InsurTech Express is now a member of the LexisNexis® Insurance Alliance Program for Industry Organizations. Working together, LexisNexis Risk Solutions and InsurTech Express will bring valuable thought leadership and industry best practice to the Life market, driving innovation and cost efficiencies.
INSURETECH CONNECT 2019
Register Today for a Discounted Rate at the World’s Largest Insurtech Event!
InsureTech Connect 2019
MGM Grand, Las Vegas
Top Life Insurance Speakers with over 7,000 attendees and600+ CEOs across the insurance industry. At ITC2019, you have unparalleled access to the top innovators of insurtech.
Get a discounted rate from the InsurTech Express partner registration link: REGISTER HERE